PSYB10H3 Study Guide - Midterm Guide: Focus Group

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18 Oct 2017
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Sample exam questions: research shows that political experts are poor forecasters of future world events. Moreover, greater knowledge of politics and world history does not result in greater prediction accuracy. Explain why such greater knowledge does not translate into greater prediction accuracy. Political experts do not get the feedback they need to improve predictive accuracy. In particular, their feedback is not repeated, timely, and unbiased. Note: saying that this domain is unpredictable is not accurate. It is difficult to predict these events, but not impossible (i talked in class about how statistical models were more accurate). If poor feedback is not mentioned, this answer gets half-credit: a company introduces a program designed to foster the productivity of the elite members of its large sales team. All members of the sales team who performed in the top 20% during the previous 2 months were enrolled in the new program.

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